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View Diary: Romney's 17,000 home mortgage mistake (43 comments)

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  •  Addendum: A cap WITHIN a category is OK (1+ / 0-)
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    decembersue

    Yes, there should be a maximum amount of mortgage interest that can be deducted - and there is.

    There might be a cap on charitable contributions - and there isn't.

    Medical expenses and state/local taxes are much more 'iffy'.

    But if you can take off your first 17k of state and local taxes then I should be able to do the same.

    The tax code MUST be fair.

    Am I right, or am I right? - The Singing Detective

    by Clem Yeobright on Wed Oct 03, 2012 at 12:00:44 PM PDT

    [ Parent ]

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